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| Arab Countries, Business Timeline Legend |
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Summary. Click for More >
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| Aug. 12 |
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U.S. spent $85 billion on contracts in Iraq
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| Aug. 11 |
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Iraq to revive oil deal with China. Baghdad
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| Aug. 6 |
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Lawmaker: Surplus 'not real money'. Baghdad
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| Aug. 5 |
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Iraq's projected $80b surplus stirs anger  U.S. Congress: U.S. auditors: Iraq is raking in more money from oil exports than it is spending, amassing a projected 4-year budget surplus of up to $80 billion | |
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| Jul. 25 |
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Hope of deal in world trade talks. Qatar
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| Jul. 24 |
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Libya 'halts Swiss oil shipments'
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| Jul.6 |
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UAE to cancel all of Iraq's $7B debt United Arab Emirates: Dubai has forgiven the nearly $7 billion Baghdad owes it, Iraqi Prime Minister al-Maliki announced
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| Jul.1 |
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Saudis rule out further crude increases. Saudi Arabia
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| Jun.22 |
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Saudi Arabia to increase oil output King Abdullah: Saudi Arabia will increase its daily production from 9 million barrels to 9.7 million in the near future to counter the sharp...
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| Jun.21 |
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Saudis to host oil price summit  Saudi Arabia: S. Arabia is set to host a meeting of oil producing and consuming nations to discuss soaring oil prices
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U.S.: Oil production has not met demand. Saudi Arabia
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| Jun.15 |
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Saudi oil output to rise in July. Saudi Arabia
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Taliban jail raid frees hundreds
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| May.5 |
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Two die in currency riot. Somalia
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| Feb.1 |
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Third undersea Internet cable cut United Arab Emirates: A cable was cut off the emirate of Duba, the third loss of a line carrying Internet and telephone traffic in three days.
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| |
Rogue trader to cost SocGen $7bn
| Arab Countries, Business | Major Events in 21st Century | 
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|
| Aug. 12 |
|
U.S. spent $85 billion on contracts in Iraq The United States in the last four years of the war is relying on contract employees at a greater rate than in any other war
|
| Aug. 11 |
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Iraq to revive oil deal with China Baghdad: Iraq says it's going to revive a $1.2 billion oil deal that was canceled after the 2003 U.S.-led invasion
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| Aug. 6 |
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Lawmaker: Surplus 'not real money' Baghdad: Shiite lawmaker Haidre al-Abadi: Iraq's government is pulling its weight to reconstruct its war-torn country
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| Aug. 5 |
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Iraq's projected $80b surplus stirs anger  U.S. Congress: U.S. auditors: Iraq is raking in more money from oil exports than it is spending, amassing a projected 4-year budget surplus of up to $80 billion | | |
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| Jul. 25 |
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Hope of deal in world trade talks Map of Doha Qatar Qatar: Delegates from the EU, US, Brazil and Australia said signs were encouraging although others were more cautious
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| Jul. 24 |
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Libya 'halts Swiss oil shipments' State shipping company halted oil shipments to Switzerland in protest at the brief arrest of leader Muammar Gaddafi's youngest son
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| Jul.6 |
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UAE to cancel all of Iraq's $7B debt| United Arab Emirates: Dubai has forgiven the nearly $7 billion Baghdad owes it, Iraqi Prime Minister al-Maliki announced | | |
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| Jul.1 |
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Saudis rule out further crude increases Saudi Arabia: Saudi Arabia ruled out further increases in crude production following its announcement that it would pump an extra half-million barrels a d...
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| Jun.25 |
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'Shape-shifting skyscraper' unveiled. United Arab Emirates
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| Jun.23 |
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Oil prices surges despite Saudi pledge. Global
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| Jun.22 |
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Oil summit calls for supply boost. Saudi Arabia
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| |
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Saudi Arabia to increase oil output| King Abdullah: Saudi Arabia will increase its daily production from 9 million barrels to 9.7 million in the near future to counter the sharp rise in prices | |
|
| Jun.21 |
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Saudis to host oil price summit Map of Jeddah Saudi Arabia| Saudi Arabia: S. Arabia is set to host a meeting of oil producing and consuming nations to discuss soaring oil prices | |
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| |
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U.S.: Oil production has not met demand Saudi Arabia: Energy Secretary Samuel Bodman: Oil prices are hitting record highs because production has not kept pace with increasing demands
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| Jun.15 |
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Saudi oil output to rise in July Saudi Arabia: Saudi Arabia will increase its oil production by 200,000 barrels a day next month to meet growing world demand
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| |
Taliban jail raid frees hundreds
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| May.5 |
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Two die in currency riot Somalia: Troops killed at least two people in Mogadishu, when they opened fire to halt riots over rising costs and counterfeit money
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| Apr.24 |
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Olympics sponsors targeted over Darfur. Beijing
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| Apr.14 |
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Riots spread as food prices skyrocket. Bangladesh
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| Apr.5 |
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Egypt braces for general strike
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| Feb.26 |
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Sudan says Danish products banned
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| Feb.21 |
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China defends arms sales to Sudan. Beijing
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| Feb.1 |
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Third undersea Internet cable cut| United Arab Emirates: A cable was cut off the emirate of Duba, the third loss of a line carrying Internet and telephone traffic in three days. | |
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Rogue trader to cost SocGen $7bn
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| Jan.16 |
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Agencies see good year for Iraq
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| Oct.30 |
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Tallest building workers on strike. United Arab Emirates
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| Oct.29 |
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Israel's Gaza fuel cuts alarm UN
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| Jul.2 |
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 Bomb kills Spanish tourists Yemen: At least 9 people have been killed after a suicide bomber drove an explosives-laden car into a tourist convoy
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| Jun.7 |
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Cyclone pounds Mideast oil region Oman: Cyclone Gonu battered coast with fierce winds and torrential rains, forcing thousands from their homes and shutting down oil installations
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| Jun.6 |
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Saudi prince 'received arms cash'. Saudi Arabia
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| Oct.19 |
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 Opec approves cut in oil output Qatar: The oil producers' cartel has approved plans to cut crude output by 1.2 m barrels per day
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| Sep.12 |
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UNCTAD: Palestinian economy in danger. Switzerland
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| Mar.9 |
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Dubai firm to 'transfer' US ports. United Arab Emirates
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| Feb.19 |
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Abbas warns of financial crisis. West Bank
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| Dec.29 |
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Death threats cut oil flow. Northern Iraq
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| Nov.16 |
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Deal averts Internet showdown Tunisia: The US wins its fight to stay in charge of the internet at the World Summit on the Information Society
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| Sep.9 |
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Airport closed to civilian traffic. Baghdad
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| Aug.1 |
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Saudis pledge to keep pumping oil. Saudi Arabia
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G8 ministers back Africa debt deal
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| May.21 |
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Attacks 'delay' rebuilding. Iraq
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| Sep.14 |
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Iraq rebuilding funds shifted to security. Washington
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| Aug.28 |
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Oil Halts Slide on Iraqi Pipeline Attacks
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| Jun.15 |
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Sabotage stops Iraqi oil flow
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| Jun.3 |
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Opec 'to increase output by 8%'. Beirut
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| Jun.2 |
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Opec meets to tackle oil output. Lebanon
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| |
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Saudis say oil industry 'secure' |
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| May.31 |
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Oil price surge after siege. Saudi Arabia
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| Apr.25 |
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Raid disrupts oil exports |
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| Apr.23 |
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U.S. lifts most sanctions against Libya |
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| Jan.4 |
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Swiss banned Red Sea crash firm |
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| Dec.17 |
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Iran 'owed billions for Saddam war' |
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| Dec.16 |
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Joint plan to relieve Iraq debt  Germany: The U.S., France and Germany have agreed on a plan to provide the Iraqi government with 'substantial' debt relief
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| Dec.9 |
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 Iraq tenders 'only for US allies' Companies from countries opposed to the conflict will be barred from bidding for new rebuilding contracts worth $18.6bn
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| Nov.3 |
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Congress passes Iraq budget |
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| Oct.30 |
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$87 billion approved for Iraq, Afghanistan |
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| Sep.21 |
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Sweeping economic reforms adopted |
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| |
Voters rejects euro currency
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| Sep.7 |
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 Bush to ask 87 billions more for Iraq  Washington: President has told the American people that Iraq is '"now the central front' in a global war against terrorism
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| Aug.27 |
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Bremer: Iraq effort to cost tens of billions Washington: Iraqi revenue would not be enough to cover economic needs that 'almost impossible to exaggerate'
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| Aug.16 |
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Fire halts flow of oil. Iraq
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| Apr.17 |
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Bechtel wins giant Iraq contract |
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|
| Aug.17 |
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Russia, Iraq close to $40b deal. Moscow
|
| Apr.8 |
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Iraq cuts off oil exports |
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| |
Euro mark celebrations
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|
| Nov.10 |
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 China joins WTO Qatar: Trade ministers have unanimously approved China's entry after 15 years of negotiations
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|
| Dec.5 |
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U.N. extends Iraq oil, food plan |
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|
| 2008 |
|
| Aug. 6 |
Lawmaker: Surplus 'not real money' Baghdad: Shiite lawmaker Haidre al-Abadi: Iraq's government is pulling its weight to reconstruct its war-torn country
|
| Aug. 5 |
Iraq's projected $80b surplus stirs anger| U.S. Congress: U.S. auditors: Iraq is raking in more money from oil exports than it is spending, amassing a projected 4-year budget surplus of up to $80 billion | | |
|
| Jul.6 |
UAE to cancel all of Iraq's $7B debt| United Arab Emirates: Dubai has forgiven the nearly $7 billion Baghdad owes it, Iraqi Prime Minister al-Maliki announced | | |
|
| May.5 |
Two die in currency riot Somalia: Troops killed at least two people in Mogadishu, when they opened fire to halt riots over rising costs and counterfeit money
| 2006 |
|
| Feb.19 |
Abbas warns of financial crisis. West Bank
| 2004 |
|
| Sep.14 |
Iraq rebuilding funds shifted to security. Washington
| 2003 |
|
| Dec.17 |
Iran 'owed billions for Saddam war' |
|
| Dec.16 |
Joint plan to relieve Iraq debt Germany: The U.S., France and Germany have agreed on a plan to provide the Iraqi government with 'substantial' debt relief
|
| Nov.3 |
Congress passes Iraq budget |
|
| Oct.30 |
$87 billion approved for Iraq, Afghanistan |
|
| Sep.7 |
Bush to ask 87 billions more for Iraq Washington: President has told the American people that Iraq is '"now the central front' in a global war against terrorism
|
| Aug.27 |
Bremer: Iraq effort to cost tens of billions Washington: Iraqi revenue would not be enough to cover economic needs that 'almost impossible to exaggerate'
|
|
| 2008 |
|
| Apr.14 |
Riots spread as food prices skyrocket. Bangladesh
| 2000 |
|
| Dec.5 |
U.N. extends Iraq oil, food plan |
|
|
| 2008 |
|
| Apr.5 |
Egypt braces for general strike
| 2007 |
|
| Oct.30 |
Tallest building workers on strike. United Arab Emirates
|
|
| 2008 |
|
| Feb.1 |
Third undersea Internet cable cut| United Arab Emirates: A cable was cut off the emirate of Duba, the third loss of a line carrying Internet and telephone traffic in three days. | |
| 2005 |
|
| Nov.16 |
Deal averts Internet showdown Tunisia: The US wins its fight to stay in charge of the internet at the World Summit on the Information Society
|
|
| 2007 |
|
| Jun.6 |
Saudi prince 'received arms cash'. Saudi Arabia
|
|
| 2005 |
|
| Sep.9 |
Airport closed to civilian traffic. Baghdad
| 2004 |
|
| Jan.4 |
Swiss banned Red Sea crash firm |
|
|
| 2007 |
|
| Jul.2 |
Bomb kills Spanish tourists Yemen: At least 9 people have been killed after a suicide bomber drove an explosives-laden car into a tourist convoy
|
|
| 2006 |
|
| Mar.9 |
Dubai firm to 'transfer' US ports. United Arab Emirates
|
|
| 2008 |
|
| Feb.26 |
Sudan says Danish products banned
| 2004 |
|
| Apr.23 |
U.S. lifts most sanctions against Libya |
|
|
| 2008 |
|
| Aug. 12 |
U.S. spent $85 billion on contracts in Iraq The United States in the last four years of the war is relying on contract employees at a greater rate than in any other war
|
| Jun.25 |
'Shape-shifting skyscraper' unveiled. United Arab Emirates
| 2003 |
|
| Apr.17 |
Bechtel wins giant Iraq contract |
|
|
| 2008 |
|
| Jul. 25 |
Hope of deal in world trade talks Map of Doha Qatar Qatar: Delegates from the EU, US, Brazil and Australia said signs were encouraging although others were more cautious
|
| Feb.21 |
China defends arms sales to Sudan. Beijing
| 2002 |
|
| Aug.17 |
Russia, Iraq close to $40b deal. Moscow
| 2001 |
|
| Nov.10 |
China joins WTO Qatar: Trade ministers have unanimously approved China's entry after 15 years of negotiations
|
|
| 2008 |
|
| Jan.16 |
Agencies see good year for Iraq
| 2006 |
|
| Sep.12 |
UNCTAD: Palestinian economy in danger. Switzerland
| 2005 |
|
| May.21 |
Attacks 'delay' rebuilding. Iraq
| 2003 |
|
| Sep.21 |
Sweeping economic reforms adopted |
|
|
| 2008 |
|
| Aug. 11 |
Iraq to revive oil deal with China Baghdad: Iraq says it's going to revive a $1.2 billion oil deal that was canceled after the 2003 U.S.-led invasion
|
| Jul. 24 |
Libya 'halts Swiss oil shipments' State shipping company halted oil shipments to Switzerland in protest at the brief arrest of leader Muammar Gaddafi's youngest son
|
| Jul.1 |
Saudis rule out further crude increases Saudi Arabia: Saudi Arabia ruled out further increases in crude production following its announcement that it would pump an extra half-million barrels a d...
|
| Jun.23 |
Oil prices surges despite Saudi pledge. Global
|
| Jun.22 |
Oil summit calls for supply boost. Saudi Arabia
|
| Jun.22 |
Saudi Arabia to increase oil output| King Abdullah: Saudi Arabia will increase its daily production from 9 million barrels to 9.7 million in the near future to counter the sharp rise in prices | |
|
| Jun.21 |
Saudis to host oil price summit Map of Jeddah Saudi Arabia| Saudi Arabia: S. Arabia is set to host a meeting of oil producing and consuming nations to discuss soaring oil prices | |
|
| Jun.21 |
U.S.: Oil production has not met demand Saudi Arabia: Energy Secretary Samuel Bodman: Oil prices are hitting record highs because production has not kept pace with increasing demands
|
| Jun.15 |
Saudi oil output to rise in July Saudi Arabia: Saudi Arabia will increase its oil production by 200,000 barrels a day next month to meet growing world demand
| 2007 |
|
| Oct.29 |
Israel's Gaza fuel cuts alarm UN
|
| Jun.7 |
Cyclone pounds Mideast oil region Oman: Cyclone Gonu battered coast with fierce winds and torrential rains, forcing thousands from their homes and shutting down oil installations
| 2006 |
|
| Oct.19 |
Opec approves cut in oil output Qatar: The oil producers' cartel has approved plans to cut crude output by 1.2 m barrels per day
| 2005 |
|
| Dec.29 |
Death threats cut oil flow. Northern Iraq
|
| Aug.1 |
Saudis pledge to keep pumping oil. Saudi Arabia
| 2004 |
|
| Aug.28 |
Oil Halts Slide on Iraqi Pipeline Attacks
|
| Jun.15 |
Sabotage stops Iraqi oil flow
|
| Jun.3 |
Opec 'to increase output by 8%'. Beirut
|
| Jun.2 |
Opec meets to tackle oil output. Lebanon
|
| Jun.2 |
Saudis say oil industry 'secure' |
|
| May.31 |
Oil price surge after siege. Saudi Arabia
|
| Apr.25 |
Raid disrupts oil exports |
| 2003 |
|
| Aug.16 |
Fire halts flow of oil. Iraq
| 2002 |
|
| Apr.8 |
Iraq cuts off oil exports |
|
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